Disposal

Numis Corporation PLC
02 August 2005

              EMBARGOED FOR RELEASE - TUESDAY 2 AUGUST 2005 at 7.00AM

Numis Corporation Plc ('Numis' or the 'Company')

Disposal of interest in Squaregain Limited  (formerly called comdirect Limited)

On 12 May 2005 the Company announced that it had entered into a contingent
agreement to sell its 26.3% interest in Squaregain Limited and that it had,
together with other shareholders in Execution Services Group Limited ('ESGL'),
the holding company of Squaregain Limited, entered into an arrangement of put
and call options in respect of their interest in ESGL with Boursorama SA ('
Boursorama'), France's largest online retail broker.  Numis announces that
yesterday, on 1 August 2005, it disposed of its entire interest in ESGL to
Boursorama.

Boursorama SA have exercised their option to purchase the entire issued share
capital of ESGL for £51 million, and the exercise of this option has received
the requisite approvals from the FSA.

Numis will receive approximately £13.7 million in cash, in respect of its
holding in ESGL with a current book value of £4.5m, thereby realising an
estimated exceptional pretax profit after costs of £8.6 million. All proceeds
from the disposal will be used in the development of Numis' core business.

Numis and Squaregain Limited will continue their mutually profitable trading
relationship, with Numis continuing to provide its Retail Service Provider (RSP)
facilities to Squaregain Limited.



2 August 2005



END





Contacts:



Numis Corporation Plc
Oliver Hemsley, Chief Executive           020 7776 1500
Bill Trent, Chief Financial Officer



Brunswick
Gill Ackers                               020 7396 5382
Rachel Quigley                            020 7396 3507




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